Regulation 8 Amendments to the principal Regulations

For regulation 5(3) there shall be substituted—

“(3)

The time specified in this paragraph is—

(a)

in relation to the particulars specified in paragraph (2)(a) to (d), the time at which the individual first pays a net contribution;

(b)

in relation to the particulars specified in paragraphs (2)(e) and (2C), immediately after the expiry of thirty days following the day on which the individual first pays a net contribution for the year of assessment concerned that, when aggregated with previous contributions made by him for that year, exceeds the earnings threshold or, as the case may be, the permitted maximum based on the net relevant earnings of the individual in the basis year.”